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29. When Farmer Hoglund applies N pounds of fertilizer per acre, the marginal product of fertilizer is 1 - NIZOO bushels of com. If the

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29. When Farmer Hoglund applies N pounds of fertilizer per acre, the marginal product of fertilizer is 1 - NIZOO bushels of com. If the price of corn is $4 per bushel and the price of fertilizer is $1.20 per pound, then how many pounds of fertilizer per acre should Farmer Hoglund use in order to maximize his profits? a. 140 b. 280 c. 74 d. 288 e. 200

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